This Fünf Millionen Mark Gutschein, or five million Mark voucher, was issued by Aktiengesellschaft für Anilinfabrikation for their manufacturing facility in Wolfen, Kreis Bitterfeld, Germany. The frontside includes the terms of the voucher. Watermark design consists of a repeated pattern of the company name Agfa.
Aktiengesellschaft für Anilinfabrikation, commonly known as Agfa, was manufacturing X-ray plates and photographic film products in the early twentieth century. Wolfen, Germany was the location of Agfa's headquarters, which included aniline, dyes and film plants.
This German company scrip is an example of the hyperinflation which occurred in Germany after World War One as a result of reparation costs. Due to the devaluation of the Mark, companies began issuing their own currency that employees could use within their company stores. The high value of this currency is indicative of the hyperinflation of the Mark whose value decreased drastically from early 1923 through November 1923.
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“Aktiengesellschaft Für Anilinfabrikation Fünf Millionen Mark Gutschein.” Dessau (Dessau), Germany: Badische Anilin- & Soda-Fabrik, September 10, 1923. Robert J. Bauman collection. Science History Institute. Philadelphia. https://digital.sciencehistory.org/works/9593tv98p.
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